Revenue Segments - The Aerospace & Defense (A&D) segment accounted for approximately 44% of total revenue in 2024, up from 41% in both 2023 and 2022[20]. - The Utility Solutions Group (USG) segment represented about 36% of total revenue in 2024, consistent with 2023, and an increase from 32% in 2022[23]. - The Test segment contributed approximately 20% of total revenue in 2024, down from 23% in 2023 and 27% in 2022[25]. - International sales accounted for about 28% of total revenue in 2024, a slight decrease from 30% in both 2023 and 2022[29]. - Direct and indirect sales to the U.S. Government accounted for approximately 27%, 23%, and 25% of total revenue in 2024, 2023, and 2022, respectively[30]. Acquisitions and Strategic Initiatives - The company completed the acquisition of MPE Limited in November 2023, enhancing its product offerings for military and critical infrastructure applications[17]. - The company also acquired CMT Materials, LLC in February 2023, which specializes in syntactic materials for various applications[17]. - A Sale and Purchase Agreement for the acquisition of Ultra Electronics' Signature Management & Power business is set for approximately $550 million, with closing expected in the second quarter of fiscal 2025[18]. - The company is conducting a strategic review of its Space business at VACCO, which may lead to a sale or other alternatives to optimize its portfolio[18]. - The company has consolidated Westland Technologies and Globe Composites into a single business to streamline operations and reduce costs[16]. - The company has secured adequate financing for the SM&P Acquisition, with the waiting period under the Hart-Scott-Rodino Act expired in August 2024[18]. Growth and Backlog - Total Company backlog of firm orders at September 30, 2024, was $879.0 million, representing an increase of $106.6 million (13.8%) from $772.4 million at September 30, 2023[40]. - Approximately 70% of the total backlog at September 30, 2024, is expected to be completed in the fiscal year ending September 30, 2025[40]. - The A&D segment's backlog increased from $484.1 million in 2023 to $600.4 million in 2024[40]. Workforce and Engagement - As of September 30, 2024, the company employed 3,281 persons, including 3,242 full-time employees, with 20% located in 19 foreign countries[50]. - The company achieved an overall engagement favorability of 81% in its first global engagement survey, exceeding comparable benchmarks[52]. - The company has a diverse workforce, with over half of employees coming from demographically diverse backgrounds[53]. - As of September 30, 2024, the workforce composition is 69% male and 24% female, with 7% classified as unknown[60]. - Among the workforce, 41% are identified as minorities, with 37% being White[59]. - The generational breakdown shows 40% Millennials, 27% Gen X, 20% Boomers, and 13% Gen Z[59]. Intellectual Property and Risk Management - The company emphasizes developing intellectual property and protecting its rights, with significant value attributed to its patents across all segments[39]. - The company has sought patent protection for significant inventions in its Test segment, including novel designs for window and door assemblies and improved acoustic techniques[38]. - The company is subject to supply chain risks, particularly for aerospace-grade titanium and gaseous helium, which may be in short supply[42]. - The company has a structured approach to risk factors, which is referenced in its reports[63]. Leadership - The current President and CEO, Bryan H. Sayler, has been in position since January 1, 2023, and previously led the Utility Solutions Group[67]. - Christopher L. Tucker has been the CFO since April 2021, focusing on enhancing finance and IT capabilities[67]. - David M. Schatz has served as Senior Vice President and General Counsel since April 2021, with extensive knowledge of the company's operations and M&A[67]. Transparency and Reporting - The company provides free access to its financial reports and other documents on its website[65].

1 ESCO Technologies Fourth Quarter FY 2024 Earnings Call Bryan Sayler President & CEO Chris Tucker Sr. Vice President & CFO November 14, 2024 Forward Looking Statement Statements in this presentation regarding Management's intentions, expectations and guidance for fiscal 2025, including restructuring and cost reduction actions, sales, orders, revenues, margin, earnings, Adjusted EPS, and any other statements which are not strictly historical, are "forward-looking statements" within the meaning of the safe h ...

Financial Data and Key Metrics Changes - The company achieved a significant milestone with orders and sales both exceeding $1 billion for the first time in its history [6][24] - Sales in Q4 increased by 9.5%, driven by 8.5% organic growth and 1% from the MPE acquisition [16] - Adjusted EBIT margins improved by 130 basis points to 17.4%, with adjusted EPS rising 17% to $1.46 per share [17][24] Business Line Data and Key Metrics Changes - **Aerospace & Defense**: Orders saw a decline of 15% in Q4 due to tough comparisons from the previous year, but backlog increased by 24% to over $600 million [15][18] - **Utility Solutions Group**: Orders increased by 2% and sales grew by 6%, with adjusted EBIT up 70 basis points to 26.4% of sales [20] - **Test Business**: Orders decreased by 8.5%, but sales grew by 4%, with margins increasing by 80 basis points to 18.3% [21][22] Market Data and Key Metrics Changes - The regulated utility market is experiencing increased capital spending forecasts, which is beneficial for the company's global business [11] - The renewable energy segment showed strong orders and sales growth in Q4, indicating a positive outlook for future demand [12] Company Strategy and Development Direction - The company is focused on maintaining momentum in its business segments, particularly in Aerospace & Defense and Utility Solutions, while also addressing challenges in the Test business [7][10] - The company is optimistic about the future, with guidance for 2025 indicating sales growth of 6% to 8% and adjusted EPS growth of 12% to 17% [27] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate challenges, including the resolution of the Boeing strike, which is not expected to impact financials in 2025 [9][30] - The company is closely monitoring the regulatory environment and potential impacts on the renewable energy sector, but remains optimistic about underlying market demand [44][48] Other Important Information - The company completed regulatory filings for the Signature Management & Power acquisition and is awaiting UK approvals [31][32] - Operating cash flow for the year was over $127 million, a substantial increase from the previous year [25] Q&A Session Summary Question: A&D outlook and Boeing impact - Management indicated a conservative approach to forecasting, with expectations of offsetting any potential impacts from Boeing contracts with work from other customers [34][36] Question: SM&P acquisition guidance - Management confirmed that updated guidance will break down components related to the acquisition, including amortization impacts [38][39] Question: Test business growth expectations - Management noted that no significant improvement in China is embedded in the forecast, maintaining a steady outlook [43] Question: Renewable energy policy risks - Management emphasized that underlying market demand for electrification is increasing, regardless of policy changes [44][48] Question: VACCO Space business review - Management is considering options for the VACCO business and expects to provide updates in February [53][54] Question: SM&P acquisition status - Management provided an update on the acquisition process, indicating a normal bureaucratic pace in the UK review [62]

Exhibit 99.1 NEWS FROM For more information contact: Kate Lowrey - VP of Investor Relations (314) 213-7277 / klowrey@escotechnologies.com ESCO REPORTS FOURTH QUARTER AND FISCAL 2024 RESULTS - Q4 Sales increase 9.5% to $299 Million - Q4 GAAP EPS increase 6.5% to $1.32 - - Q4 Adjusted EPS increase 16.8% to $1.46 - - FY 2024 Sales increase 7.4% to $1.0 Billion - - FY 2024 Entered Orders increase 9.7% to $1.1 Billion - - FY 2024 GAAP EPS increase 10.1% to $3.94 - - FY 2024 Adjusted EPS increase 13.0% to $4.18 - ...

St. Louis, Nov. 14, 2024 (GLOBE NEWSWIRE) -- ESCO Technologies Inc. (NYSE: ESE) (ESCO, or the Company) today reported its operating results for the fourth quarter and fiscal year ended September 30, 2024 (Q4 2024 and FY 2024, respectively). Operating Highlights Q4 2024 Sales increased $26 million (9.5 percent) to $299 million compared to $273 million in Q4 2023. Q4 organic sales increased $23 million (8.5 percent) and the MPE acquisition contributed $3 million (1.0 percent) of revenue in the quarter.   FY 2 ...

VANCOUVER, British Columbia, Oct. 30, 2024 (GLOBE NEWSWIRE) -- ESE Entertainment Inc. (TSXV: ESE)(OTCQX: ENTEF) ("ESE" or the "Company"), a gaming company that provides a range of services to leading video game developers and publishers, is pleased to announce that it has acquired (the "Acquisition") Bombee Global Entertainment Ltd. ("Bombee Americas"), the North American arm of Bombee Event Production AB, ("Bombee"), a global production company specialized in live production, special effects, broadcast and ...

For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Esco Technologies (ESE) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. Esco Technologies is a member of our Industrial Products group, which includes 212 different companies and currently sits at ...

St. Louis, Oct. 23, 2024 (GLOBE NEWSWIRE) -- ESCO Technologies Inc. (NYSE:ESE) will report its fourth quarter financial results after the market close on Thursday, November 14, 2024, followed by a conference call where the financial results and related commentary will be discussed. Event: Fourth Quarter 2024 Conference Call Date: Thursday, November 14 Time: 4:00 p.m. Central Time The conference call webcast and an accompanying slide presentation will be available in the Investor Center of ESCO's website. Th ...

Merger Anticipated to Improve Financial Performance and Expand ESE's Reach with Tier 1 Clients Across Gaming and Entertainment Sectors VANCOUVER, BC, Oct. 23, 2024 /PRNewswire/ - ESE Entertainment Inc. (TSXV: ESE) (OTCQBSS: ENTEF) ("ESE" or the "Company"), is pleased to provide a corporate update following its acquisition of Bombee Global Entertainment Ltd. ("Bombee Americas" or "Bombee"), the North American arm of the premier gaming production and entertainment company, Bombee Event Production AB ("Bombee ...

VANCOUVER, BC, Oct. 22, 2024 /PRNewswire/ - ESE Entertainment Inc. (TSXV: ESE) (OTCQB: ENTEF) ("ESE" or the "Company"), a gaming company that provides a range of services to leading video game developers and publishers, is pleased to announce that it has acquired (the "Acquisition") Bombee Global Entertainment Ltd. ("Bombee Americas"), the North American arm of Bombee Event Production AB, ("Bombee"), a global production company specialized in live production, special effects, broadcast and event management ...